Dynamic pricing is a strategy where businesses adjust the prices of their offering to account for changing demand. Uber utilizes dynamic pricing and machine learning to forecast market conditions. We will explore how Uber introduced their dynamic pricing strategy in London. Uber introduced an algorithm that allowed the company to set variable pay and pricing […]
300 New Boeing Aircraft in a $40 Billion Deal The low-cost airline, Ryanair, has announced they have made a significant deal with American plane manufacturer Boeing. The deal agreed upon is that Ryanair has decided to purchase over 300 new Boeing aircraft to accompany the need for expanding business over European airspace. The acquisition of […]
Many companies are now fleeing China in the hopes of cheaper labor. As a result of various global and domestic changes, China is no longer the cheap labor manufacturer it once was. When China joined the World Trade Organization in 2001, it was seen as the great killer of what was left for American manufacturing. […]
Everyone is incredibly familiar with Victoria’s Secret’s annual fashion show! Don’t you remember the days when you and your friends would make a whole pajama party out of it? Slipper and popcorn and all? Well that dream died in 2019 when Victoria Secret decided to permanently end its annual fashion show due it its outdated […]
Eggo Kellog’s Eggo is infamously known for the Frozen Waffles. Eggos were invented in 1953, where the idea that food could be cooked, frozen, then reheated for meals. Eggos have remained popular to the present day. In 2016 Stranger Things included Eggo waffles as a critical plot point for their main character Eleven. The nostalgia […]